THG Plc to Join FTSE 250 Index
Why we think this is good
The RNS announcement indicates that THG Plc's inclusion in the FTSE 250 index is a positive development that should help support the company's strategy and raise its visibility. There are no obvious negative factors or red flags mentioned in the announcement.
Key Points
- THG Plc expected to be included in FTSE 250 index
- Inclusion subject to confirmation from FTSE Russell
- Expected to become effective around 21 March 2025
- CEO sees this as an important milestone following demerger of THG Ingenuity
Summary
THG Plc is pleased to note that, following the transfer to the equity shares (commercial companies) category in January 2025, FTSE 250 index inclusion is anticipated as part of the FTSE Russell quarterly review. Subject to confirmation from FTSE Russell, FTSE 250 index inclusion is expected to become effective on or around 21 March 2025. The CEO commented that this represents an important milestone in THG's evolution following the demerger of THG Ingenuity, and will help support the company's strategy through raising its visibility.